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Unlocking Success: Why Strategic Sourcing Is Important for Your Company

Precoro

To enhance their competitive edge, companies across industries are adopting a key tactic: strategic sourcing. Strategic sourcing is a holistic approach to supply chain management that includes tactics for optimizing the total cost of ownership, improving supplier relationships, and ensuring long-term value creation.

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Megatrends Shaping Supply Chain Innovation

The Logistics & Supply Chain Management Society

Megatrends Shaping Supply Chain Innovation. And what are the key industry trends and innovations? In E2open’s Supply Chain Innovation Report 2021 , 73% of respondents claimed their supply chain is either moderately, slightly, or not at all resilient. Supply chain mapping is key to ongoing innovation.

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HWI Unleashes Continuous Innovation

Logistics Viewpoints

Stauffer spoke about the digital transformation the company is going through. They view their implementation of a tightly integrated suite of applications delivered in a public cloud infrastructure from Oracle as a platform on which they can build to help drive continuous innovation. HWI employed a crawl-walk-run methodology.

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ToolsGroup Named a Leader in Quadrant Solutions SPARK Matrix™ for Global Supply Chain Inventory Optimization

ToolsGroup

BOSTON – (August 25, 2022) ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, has been named a leader in the Quadrant Solutions SPARK Matrix™ for Global Supply Chain Inventory Optimization. Amid continuous disruption and fast-changing consumer demand, inventory agility is crucial.

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Inventory Management Excellence: Some Companies to Learn From

Logistics Bureau

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? But consider, too, how you can turn those needs to your advantage in inventory management.

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Powering the Sustainable Enterprise with Supply Chain Innovation

Logility

We’re pleased to announce the general availability of our corporate responsibility solution, developed to help companies build stronger and more sustainable supply chains through better management of the growing number of corporate governance assessments and audits and through superior collaboration with the entire supply network.

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Build Supply Chain Resilience with a Diverse Sourcing Strategy 

Logility

But considering how supply chains have responded and overcome high-impact global and regional events over the past couple of years, Mark Balte, Logility’s executive vice president of supply chain innovation, believes that resilience ultimately comes down to planning. Developing Diverse, Resilient Sourcing Strateg ies.